RecD03 2003-253159 - Laserfiche WebLink

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07/28/2003 c. This Council also acting on behalf of the General Improvement District No. 1-64, has reviewed and considered all relevant information, including the testimony, both oral and documentary, made and submitted at the public hearing on the proposed Project, and all other matters deemed material and relevant to the proposed Project Section 2. In consideration of the foregoing findings, this Council hereby concludes and declares that the "Eighth Amendment to and Restatement of Development Agreement" by and between the City of Redwood City, Redwood Shores Properties, and Redwood City General Improvement District No. 1-64 is for the purpose, inter alia, of extending the term of the Development Agreement and remains consistent with the General Plan of the City of Redwood City and should be approved. Section 3. The Eighth Amendment to and Restatement of Development ,--/ Agreement, which amends the Amended Development Agreement, a copy of which is on file in the office of the City Clerk, and incorporated herein by reference as though fully set forth herein, is hereby approved, and the City Manager is hereby authorized to execute the Amendment for and on behalf of the City of Redwood City, and the Mayor of the City of Redwood City, acting as President of the Redwood City General Improvement District No- 1-64, is authorized to execute the Amendment on behalf of the Redwood City General Improvement District No. 1-64. Section 4. Except as otherwise provided in the Eighth Amendment to and Restatement of the Development Agreement, the Amended Development Agreement shall remain unchanged and in full force and effect ........ F :Atty/Ord/Ord.190 071003 4 2251 . . - ...._, _.. T